Question

A ton of coal purchased by your local utility to burn to make electricity would be...

A ton of coal purchased by your local utility to burn to make electricity would be best described as:

an intermediate good.
a used good.
a financial good.
a final good.
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Answer #1

A ton of coal purchased by your local utility to burn to make electricity would be best described as an intermediate good because it will be used to produce electricity.In other words it will play the role of input in the production of electricity therefore will not considered a final good

Thus it is an intermediate good

so first option is correct

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